Media Releases

CAHO Recommendations for 2019 Ontario Budget

FOR IMMEDIATE RELEASE
January 31, 2019

TORONTO – The Council of Academic Hospitals of Ontario (CAHO) provided its 2019 pre-budget submission to the Minister of Finance, Hon. Victor Fedeli, containing the following recommendations:

  1. An increase of 3.45%, a total of $656M, in operational funding for hospitals for 2019-2020, echoing the recommendations of the Ontario Hospital Association.
  2. Maintain the current funding level for the Ontario Research Fund in 2019-2020 to support the current government’s priorities of strengthening the economy and creating jobs for Ontarians.
  3. Support the development of a life sciences sector strategy in conjunction with industry partners to bolster the economic potential of this sector through a provincial table.

Read CAHO’s 2019 Pre-Budget Submission

CAHO represents Ontario’s 23 academic research hospitals, which play a unique and vital role within the province’s health care system caring for the most complex patients. We are committed to providing world-class patient care to Ontarians and conducting leading-edge research to fuel innovation and commercialization. CAHO hospitals help support Ontario’s economy and create jobs. Together, our members employ approximately 100,000 hospital and research staff, and are investors of over $1.5B in health research and innovation.

“CAHO hospitals care for the sickest people in Ontario while being key enablers in growing the economy and supporting job creation in the province. We are well-positioned to help the government achieve its priorities of creating an Ontario that is open for business, attracting and retaining quality jobs throughout the province, reducing red tape and regulatory burden in the health sector, and ending hallway health care in our hospitals,” said Dr. Kevin Smith, Chair of CAHO.

CAHO hospitals are proud of the quality care they provide to patients across the province and need additional investment to best continue this care through a 3.45% ($656M) increase in operational funding for our hospitals. We support the government’s priority of creating an Ontario that is open for business, which attracts and retains quality jobs for Ontarians. This will be enabled by sustained investment in the Ontario Research Fund, as well as a visionary strategy for the life sciences sector, both of which promote industry investment and a stronger economy.

We are ready to explore and lead transformative ideas to create a sustainable health care system. We are eager to work on the government’s priorities and believe CAHO hospitals are key partners in the path forward.

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For more information contact:
Agata Zieba
Communications Advisor
416-205-1469 | azieba@caho-hospitals.com
@CAHOhospitals | #onHWS